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Vietnam adopts more stringent rules on ownership in banks and their operations
The newly passed Law on Credit Institutions 2024 (effective from 1 July 2024) will lower the ownership limits in Vietnamese credit institutions to address cross-ownership issues. It will also impose stricter ownership disclosure requirements to increase market transparency. ...
A close look at Vietnam's first consolidated personal data protection regulation
From 1 July 2023, Vietnam's first ever consolidated Personal Data Protection Decree (PDPD) will take effect. In this Insight, we take a close look at the key provisions of the PDPD and its impacts on businesses. ...
Allens welcomes new partner in Hanoi
Allens has extended its market leadership in Vietnam with the appointment of Giles Cooper as a partner in the firm's Hanoi office. ...